It's a travesty.
It was slammed down below the 200-day moving average in the mid-December capitulation.
It stuck its head back up above the 200 - perhaps in sympathy to the bullion advance and "hello Santa".
Now, for the last week, it has submerged again.
There's poor market sentiment, for sure. But it's still a strange chart to me.
However, there's a dome pattern there on the MLI chart. It resembles the dome pattern described by Clive Maund in Q3 when calling an imminent breakout for gold.
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 (20min delay)
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Last
39.5¢ |
Change
-0.025(5.95%) |
Mkt cap ! $252.0M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 39.0¢ | $128.7K | 318.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 56154 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 3451 | 2 |
View Market Depth
| Last trade - 12.48pm 18/09/2025 (20 minute delay) ? |
| GG8 (ASX) Chart |